Mises Wire

The Federal Reserve says it can manipulate the money supply to ensure “price stability.” This worsens the boom-bust cycles and undermines the economy.

Created as a sop to the teachers‘ unions, the Department has presided over huge declines in student academic performances and has played a vital role in politicizing formal learning at all levels. 

Dr. Gary Schlarbaum, one of our generous supporters, has again offered to match donations received through December 9. For the last ten years, Gary has kickstarted our year-end campaign with his matching gift. He's ready to match your gift today! 

The damage tariffs impose is not limited to increasing consumer prices. They also create major distortions in the markets.

Walter Block has attempted to reconfigure libertarian thinking in regards to self-defense. Unfortunately, his theories are illogical, Orwellian, and conflict with Murray Rothbard‘s clear thinking on the issue.

The First World War was critical to boosting the influence of that child of progressivism and Wall Street corporatism: the Federal Reserve System. 

We hear of many schemes to promote government "efficiency." The problem is that the very nature of government makes “efficiency” impossible.

When government agents intervene into the economy, they do so without even understanding how market processes work in the first place. This lack of knowledge makes things even worse, as regulators are not even aware of the damage they are causing.

In the early years, the pilgrims of Plymouth Colony adopted a 17th-century form of socialism and nearly starved to death. They had little to be thankful for until they gave up on dreams of utopia and turned to markets instead.

In 1923 Lenin released a propaganda pamphlet titled Down with the Private Kitchen. It explained how private dinners with one's family are reactionary, bourgeois, and generally something requiring total destruction.